{quote} Hello brother. I also have friends from Zimbabwe and you guys are the coolest people! Thank you for going through my thread and it's good to see people getting use and appreciating it so thank you. For your answer to your question- I would say there are many people who trade turtle soups differently from the original one that went against the turtle traders strategy where you have a donchian channel and every 20 and 50 day high/low breakout, you buy or sell it. That is the original turtle soup. However the way turtle soup has resonated with...
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Hi Robbie!
Thanks a lot brother! Zim is indeed filled with some cool guys, but damn are we not Broke!! (hahaha). Trying my best with Prop Firms, currently undertaking a challenge(down -6%). Hope to pass it because I hope it will change my life down here in Zimbabwe(Have a degree in Engineering but unemployed)
However, Thanks a lot for the explanation. I do know ICT. I even downloaded a lot of vids and pdfs and now understand what Turtle soup is. When I pass a prop challenege and get a withdrawal, I will get a laptop and come and post my analysis with you here on the thread.
Otherwise, continue doing the good work, the people meant to appreciate will appreciate!
Up on this week due to Euro trades, however lost on the US30. Highlights the importance of the quote, 'The wicks do the damage and the bodies tell the story.' Even though I was right I still lost due to that. All part of the game and a very good learning experience for me.
The trade idea:
Draw on liquidity: Monthly highs
Potential entry point: Daily FVG
Invalidation: Close below Daily FVG
After being stopped out I maintained a bullish bias and looked for re-entries, however it never showed so I took nothing. Overall, I am actually happy with my analysis and my discipline while trading the Dow. A great learning experience from a loss.
No trades taken for me this wee. Complete chop fest and followed my plan immaculately and happy with it. I believe there was a case to be bearish for this wee when the profile started to reject the Monday high on Tuesday and go lower with SMT on GU to form the HOTW, however it doesn't fit in with my HTF bias so didn't take it. I see many Twitter 'experts' who sell courses, who were calling for longs on Euro on Thursday after suspecting a Wednesday LOTW. This was wrong and there's a clear reason why. This is why I didn't take it even though I'm bullish on the HTF and they got fucked and I didn't.
Review:
I won't bother to get photos of the charts but I'll explain it. The time is the last week of the month and in the previous wee close to the end of the month we rejected heavily of a key level, which was a Daily rejection block. And even though my bias and DOL was still the same for this week, I was aware of the TIME and adapted to what price was doing. The last 2 weeks of the month can cap the Monthly candle Po3 often and when it's at a key level its even better. So I'm already aware of that.
When we opened up for this week we let Monday's range do its thing unless a beautiful setup is there. We see Tuesday on the Euro break above the Monday's range and not close above it which indicates reversal. Monday's range is key for trading the Weekly Profile. And on the hourly we see a change in the state of delivery after reacting at a key level and key time on the Weekly and Monthly profile. This indicates a short bias for the week and the weekly profile is now bearish. Wednesday will then be a classic sell day, which came true after forming the HOTW on a Tuesday. When the weekly profile is now bearish with all the HTF considered, we do not take any longs above Wednesday's low, as this is a time based model When trading a time based model of the Bearish Weekly Profile, we wait for Thursday to take Wednesday's low, as this is a more probable time for the opposing end of the rage to form. And when it took it, it capped the Weekly Candle Po3, which shows the precision. This is why I didn't take it and all these shitty twitter influencers did. Hope this helps someone and also posting it to document it.
NOTE: Notice the SMT with GU at the Weekly HOTW. At key highs and lows, there is always SMT.
Only trade taken this week. Tuesday makes the low, wednesday expands in the opposite direction. Closing position at high of Wednesday, however I believe we may go higher to the previous weeks high but I will take the low hanging fruit TP.
I expect this to be a key low. At OTE of the price swing from the Monthly FVG breaking below a low at OTE during what I believe should be bullish orderflow. If we are still in bullish order flow, lows should be rejected and highs should be broken. If we begin to break down through this low and don't react from it, it is likely we are in bearish order flow and going for the February lows. Overall expecting a bounce off the low, as I am still bullish.
Started a YouTube channel to record and publish my thoughts and journey throughout the markets, as a young trader. Hope it can help people out or even give inspiration to people similar to me. I am going to review the coming week on the market on every Sunday, with more content to come. Please support it by subscribing to help me gain attention guys. Thank you! https://www.youtube.com/@TurtleSoupEnthusiast
{quote} Hello brother. I also have friends from Zimbabwe and you guys are the coolest people! Thank you for going through my thread and it's good to see people getting use and appreciating it so thank you. For your answer to your question- I would say there are many people who trade turtle soups differently from the original one that went against the turtle traders strategy where you have a donchian channel and every 20 and 50 day high/low breakout, you buy or sell it. That is the original turtle soup. However the way turtle soup has resonated with...
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Hi Robbie, I am planning to start with ICT but not sure whether Core ICT is fine to start with or any other thing material you recommend for ICT before I get in to Turtle Soup. Thanks brother.
